2017 DKK to GNF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 DKK to GNF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the DKK to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 1453.1938. Conversely, the yearly low was recorded on April 18, dropping to 1301.0040.
This high-to-low spread represents a total annual volatility of 152.1898 GNF. From a start-to-finish perspective, comparing the January average rate of 1339.2065 to the December average rate of 1434.7640, the exchange rate registered a net change of 7.14% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 1453.1938 was up 5.21% compared to the 2016 peak of 1381.2309, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 DKK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
DKK to GNF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 1348.5037, compared to 1421.4626 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 72.9589 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was April, with a trading range of 67.6112 GNF (High: 1368.6152 / Low: 1301.0040). On the other end, October was the most stable month, with a tight range of 25.4916 GNF (High: 1433.3809 / Low: 1407.8893).
Growth Streaks & Declines
TrendsBetween April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 18.0033 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2017: 1434.7640) against the same month in 2016 (average: 1314.7765), the exchange rate shifted by +119.9875 (+9.13%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1360.5394 | 1307.0440 | 1339.2065 |
| February | 1357.6290 | 1310.8856 | 1341.9012 |
| March | 1368.4328 | 1307.5169 | 1341.8305 |
| April | 1368.6152 | 1301.0040 | 1335.8119 |
| May | 1380.8189 | 1331.6014 | 1362.6920 |
| June | 1393.8828 | 1349.0624 | 1369.5801 |
| July | 1428.6827 | 1379.8073 | 1397.3377 |
| August | 1443.0727 | 1398.3772 | 1419.5711 |
| September | 1453.1350 | 1414.5269 | 1436.0633 |
| October | 1433.3809 | 1407.8893 | 1418.0600 |
| November | 1443.9131 | 1404.2647 | 1422.9793 |
| December | 1453.1938 | 1421.4288 | 1434.7640 |